High-frequency trading firms in India are offering Rs 30 lakh monthly internships to attract top talent. This unprecedented compensation surge is driven by stricter derivatives regulations and stagnant equity markets. Notable companies like Quadeye and Graviton Research Capital are leading the charge, with global firms also enhancing their packages to secure the best quantitative minds from premier institutions.
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"When internships pay more than some full-time jobs, you know the talent war is real!"
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The FAST-DS scheme lets small taxpayers declare foreign assets by December 31, 2026. Taxpayers face additional levies based on asset categories, with significant differences between undisclosed and taxed foreign assets. This initiative aims to streamline tax compliance for individuals with foreign income.
Freelancers must avoid common ITR mistakes by the August 31 deadline. Key areas include selecting the right ITR form, understanding presumptive taxation, and ensuring TDS and AIS reconciliation. Experts emphasize the importance of checking these factors to prevent tax complications and ensure a smooth filing process.
A new study highlights a creativity crisis in India, linking workplace loneliness to unsatisfactory social relationships. This research sheds light on how employees feel disconnected, impacting their creativity and overall job satisfaction. Understanding these dynamics is crucial for businesses aiming to foster a more engaging work environment.
Mangaluru's integration with SWR is key for railway development. The Kanyakumari Association urges for new projects and expedited budget support to enhance regional connectivity.